[vodpod id=Video.16453376&w=650&h=350&fv=config%3Dhttp%3A%2F%2Fwww.kvue.com%2F%3Fj%3D149630885%26amp%3Bref%3Dhttp%3A%2F%2Fwww.kvue.com%2Fhome%2FIncentives-to-bring-thousands-of-jobs-to-Austin-149630885.html]
Update: A report from KVUE is claiming Travis County Commissioners approved the revised incentive deal at this afternoon’s meeting:
The last time we reported on Apple’s ongoing negotiations with Austin officials to build a $304 million campus and bring over 3,600 new jobs to the city, reports claimed Apple was growing frustrated with delays in approving incentives from local Travis County. Travis would provide Apple with roughly $6.4 million of the total $36 million in incentives included in the deal, but the vote to approve the incentive was delayed due to “weak points” in the contract. According to a new report from Statesman, the Commissioners Court could approve a revised version of the incentive. However, the new deal would impose strict hiring guidelines on Apple:
As for Apple being frustrated and the deal remaining “in peril,” Judge Sam Biscoe told Statesman, “the Apple representative he has been negotiating with was not frustrated with the county.” We will update you here on the result of the vote following this afternoon’s meeting.
- Apple frustrated with Austin incentive delays, new campus plans remain ‘in peril’ (9to5mac.com)
- Austin cements itself as Apple’s ‘second city’ with approval of $8.6M incentive (9to5mac.com)
- Apple waiting on city incentives for $304M Austin campus expansion, considering Phoenix instead (9to5mac.com)
